INLIF Limited (NASDAQ:INLF) Sees Large Decrease in Short Interest

INLIF Limited (NASDAQ:INLF) was the target of a large decrease in short interest in the month of February. As of February 27th, there was short interest totaling 132,241 shares, a decrease of 22.4% from the February 12th total of 170,401 shares. Approximately 0.7% of the company’s shares are short sold. Based on an average trading volume of 135,284 shares, the short-interest ratio is currently 1.0 days. Based on an average trading volume of 135,284 shares, the short-interest ratio is currently 1.0 days. Approximately 0.7% of the company’s shares are short sold.

INLIF Price Performance

INLF traded down $0.02 during trading on Friday, reaching $0.32. 32,989 shares of the company were exchanged, compared to its average volume of 115,123. The firm has a 50 day moving average of $0.45 and a 200 day moving average of $0.62. INLIF has a 52 week low of $0.30 and a 52 week high of $2.58.

INLIF (NASDAQ:INLF) last posted its earnings results on Friday, March 6th. The company reported ($0.10) EPS for the quarter. The company had revenue of $4.07 million during the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of INLIF in a research report on Friday, January 9th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has an average rating of “Sell”.

About INLIF

INLIF Ltd. is a holding company, which engages in the development of injection molding machine-dedicated manipulator arms. Its products include: Three-axis robot, Five-axis robot and bull head type manipulator. The company was founded on January 4, 2023 and is headquartered in Quanzhou, China.